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Report on the provisions of regulations under this Act

Financial Services (Implementation of Legislation) Bill [Lords] Committee – in a Public Bill Committee at 10:30 am on 26th February 2019.

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“(1) Prior to making any regulations under this Act, the Treasury must publish a report on the impact of the provisions of those regulations.

(2) A report under this section must consider, in respect of the regulations proposed to be made—

(a) the impact of those provisions on households at different levels of income,

(b) the impact of those provisions on people with protected characteristics (within the meaning of the Equality Act 2010),

(c) the impact of those provisions on the Treasury’s compliance with the public sector equality duty under section 149 of the Equality Act 2010, and

(d) the impact of those provisions on equality in different parts of the United Kingdom and different regions of England.”

This new clause would require a report to be made on the impact of any regulations under this Bill before any such regulations are made

Brought up, and read the First time.

Question proposed, That the clause be read a Second time.

The Committee divided:

Ayes 9, Noes 10.

Division number 9 Financial Services (Implementation of Legislation) Bill [Lords] Committee — Report on the provisions of regulations under this Act

Aye: 9 MPs

No: 10 MPs

Ayes: A-Z by last name

Nos: A-Z by last name

Question accordingly negatived.